Stimulus Investment Returns Highlight Power Of Bitcoin

Bitcoin is the best thing financially one can do for themselves, investors who put their $1,200 stimulus money into Bitcoin saw a prifit of $4,500.

Nobody said Americans had to spend their COVID-19 stimulus checks on necessities like food, housing and utility bills (though many had no choice). Some have spent part of their stimulus money on investments in Bitcoin — and they’ve turned a tidy profit in the process.

An analysis by Cointelegraph found that since the first stimulus check was issued in April 2020, a “timely” investment of $3,200 worth of stimulus money into Bitcoin would have returned a total profit of $4,514 by the end of October 2021 — a gain of about 140%.

Master Asked on November 1, 2021 in Bitcoin.
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